View more on these topics

Number of Guernsey based funds grows

The number of funds serviced in Guernsey has increased by 14 per cent to 894 from 783 over the 12 months to June 2001, according to research by publishers Fitzrovia International.

Guernsey International Fund Managers is the largest fund administrator, administering $8.7bn of fund assets in Guernsey, with Credit Suisse & Helvetia Fund Administration second largest, administering $6.9bn and Management International coming third on $5.6bn.

Alternative investment funds grew from 12 to 30 funds over the year, with a total of $788m of fund assets.


Cautious thumbs up after IFAs meet with Sandler

IFAs have given Ron San-dler a cautious thumbs up for demonstrating a thorough knowledge of the issues affecting the industry, according to several IFAs who met with him this week.Seven IFAs of the Group of 15 signatories of an open letter which appeared in Money Marketing in August had a two-hour meeting with the head […]

IF to pass on full mortgage rate cut on December 5

Intelligent Finance is passing on the full 0.5 per cent Bank of England base rate cut to its mortgage customers.IF&#39s initial discounted mortgage rate will be reduced to 3.35 per cent from 3.85 per cent from December 5. Its standard variable rate will reduce from 5.35 per cent to 4.85 per cent.IF chief executive Jim […]

Shares hit by Queens crash

Markets fell sharply on the news of an American Airlines jumbo crashing in Queens, New York earlier today, although some losses have since recovered.The FTSE 100 was down 1.4 per cent and the Dow Jones Industrial Average was down 1.3 per cent at 4pm GMT. Airline shares have been hit badly, with American Airlines and […]

Income threat as the FSA seeks references

IFAs claim the FSA is threatening their income streams by requiring references from their networks or firms at the start of the procedure to bec-ome directly authorised.It says IFAs are often stopped from trading when their network or firm receives the request so the change could hit their income badly as they may not able […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm